is the Chairman of Sterling group and Siva Ventures Ltd. He has a net worth of more than $4 billion. He heralded the PC revolution in India in the 80s, when he launched PCs at one third of the prevailing cost; pioneered the mobile revolution in the 90s; was the first to introduce DSL and Wi-Max broadband technologies in India. He is currently the group chairman of Siva Ventures Ltd that owns 33 companies across a diversified spectrum of industries all over the world including WinWind Oy, STel, JBUS (Shipping Conglomerate), Siva Realty and a number of other companies.
He is known to keep an extremely low public profile and has rarely given public interviews. Little is known about him except for his big bang approach to life. He is known to live out of the most expensive presidential suites around the world and owns a large fleet of private planes and yachts.
Sivasankaran was born in Chennai
, India. He shot to fame when he bought Sterling Computers (now Siva Group) from Robert Amritraj, father of the Indian tennis star, Vijay Amritraj
, in the 80s.
Sivasankaran, known as Siva in close circles made it to Indian newspaper as an innovative emerging businessman when he created a phenomenon in Indian hardware circles by selling personal computers with an unbelievably modest price tag of Rs 33,000. Back then in 1980s computers cost as much as Rs 80,000 per computer.
He was... Read More